MergerTech/Industry Reports

M&A 101

Startup Dilution – How funding rounds and liquidation preferences impact deal economics


AdTech Consolidation – Observations & Discussions: MergerTech analysis of the ongoing concentration in the AdTech industry. Even though acquisitions in the space doubled in 2014 vs. 2013, the nature of what buyers need has changed. Acquirers favor large-scaled incumbents with focus on mobility, automatic buying and targeting capabilities and expect an increased control of ad quality.

Big Data

Incumbents Primed to Build Big Data Presence – MergerTech analysis of largest, publicly traded company revenues and cash levels relative to Big Data revenues.  With individual cash levels in excess of $50B and proportion of Big Data revenues at less than 1% of total revenues, industry heavyweights such as Microsoft, Google and Cisco stand poised to make acquisitions to capture Big Data growth momentum.

Big Data Software Vendor Landscape – Overview of most prominent Big Data-related software segments reveals a crowded marketplace and further consolidation is anticipated as the industry experiences growth and maturity.

Big Data Analytics – Capitalizing On the Noise – MergerTech’s assessment of the Big Data space, covering industry growth catalysts and evolution of the space over the last ten years.  With 88% of technology M&A transactions over the last five years valued at less than $100M, we forecast additional consolidation in the space, via bolt-on acquisitions predominately by incumbent software vendors, amid a declining valuation environment.


3D Printing – The Coming Billion Dollar Idea – Read about how in the next five years 3D printing will begin to emerge as a significant disruptor to traditional manufacturing processes.

The Crowdfunded Hardware Ecosystem (Source: Flybridge Capital Partners) – Snapshot of crowdfunded hardware projects over the last six years with individual investments greater than $100K since 2008.  Wearable technologies ($38.5M), entertainment ($34.8M) and Home ($27.4M) lead the market in total investment. However, 3D printing and wrist/hand wearable technologies accounted for 27% of total crowdfunded investments.


IT Security, The Acquisition Boom – A footprint of the global IT Security industry outlining current market drivers, as well as invaluable statistics on investment, valuation trends, and M&A activity in the space.

Cyber Security, Opportunity in Vulnerability –  An analysis of the cyber security industry, venture capital and fundraising environment and M&A observations.  Recent high-profile security breaches have accelerated the adoption of leading security practices and technologies for both consumers and enterprises. Growth and M&A in the security industry have been driven by the widespread use of social media, the proliferation of personal devices in the enterprise, and the expansion of corporate and government security spending.


The Cryptocurrency Ecosystem – Classifying next-generation security technologies

Healthcare Technology

Healthcare Technology – Why Technological Changes Demand Consolidation  – MergerTech’s analysis of the current state of the healthcare technology M&A market including three key M&A drivers in the near term – Affordable Care Act (ACA), new technology standards (including ICD-10 and EHR Stage 2 Meaningful Use) and government financial incentives.  We highlight two target segments ripe for M&A consolidation:  revenue cycle management (RCM) and data protection & security.


The Future of Mobile Enterprise – Exploring the phenomenal growth and future opportunity for enterprise mobile apps to transform the workplace

The Future of Mobile Enterprise Security – Landscape of today’s IT security market and current acquisition trends

IT Services

MSP Valuation Trends – Managed services valuation trends and sources of demand for MSPs in today’s marketplace

Development Tools

Software Containers and Capital Markets – Software containers are independent runtime environments that enable applications to run independent of a host OS. Recent trends such as distributed applications, agile development and continuous delivery/continuous integration have largely been powered by container technologies. We conducted an analysis of the Venture Capital and M&A dynamics that are driving the container market forward through Q2 2016.